First, you will see a merger eventually of all things related to disney travel. DVC, Cruise lines, adventures and who knows, maybe even an airline will all merge. Travel has always been around no matter what the economy is doing. Flexible business models are the key. Sometimes people will only be able to afford a weekend at their local Disney destination and some years they will travel half way around the world on a Disney Adventure on a Disney airline. The idea that the economy will never recover is absurd in the extreme.
Yep. It is.
Just as absurd as the idea of Disney owning an airline is.
Where do you pull these ideas out of? (no, please, don't tell us)
Disney will NEVER be in the airline business.
Second, I am not talking about funding in this instance. WDW is pumping money into the DVC's and infrastructure/rehabs. The money is there it is just not being focused on new attractions but rather other areas at WDW. But the main reason is, Imagineering is focused on other aspects right now and there is only so many resources (and brain power) to draw from and they are focused on DCA and "other" new build outs.
The money being 'invested' in DVC has ZERO to do with what is/isn't done in the parks. The budget to tear down Contemporary North and build a giant BLT in its place doesn't come from the same place as the 'add an EPCOT attraction' fund anymore than it comes from the 'pay Susan Lucci fund' or the 'greenlight the Lone Ranger film fund' or the 'buy BCS rights fund' ... I understand you are trying to sound like you know what you're talking about, but in terms of how a major media company like Disney allocates investment and reinvestment you are way off ... they aren't focused on DCA so they can't do anything at EPCOT or DAK or HKDL.
Lastly, Iger and company are not fools. They have a plan to fill those DVC's and the whole program has very long term goals. People who sell out at a low price may sorely regret that decision in the future.
Iger is certainly no fool, but some of his top execs are. They are following faulty business models that no longer work (the cut-cut-cut, outsource, every locale must reach projections set by consultants 1990s model comes to mind).
And when it comes to DVC, Disney in no way, shape or form saw the economy crashing, let alone as hard and as far as it has.
They just thought 'If you build it, there will be a line of bumpkin tourists with $15,000-50,0000 checks waiting to sign up.'
Well, you're more likely to see bread lines in 2009 than you are lines to buy timeshares.
But I don't know what I am talking about ... I just know that all planning for future WDW DVCs (next up was Grand Flo) has halted and that Disney is hedging on the Tahoe resort that was considered a lock last year at this time.
This is all my opinion and so you have to change my mind with facts not transparent vendettas aimed squarely at Disney managers. That act is played out. Just facts please, no spin.
I'm not sure you'd know the facts if some of your pals from Pixie Hollow flew it and sprinkled them over you with some pixie dust!